REGISTERED NUMBER: 00822458 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

T.B.(PROPERTIES) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Burgess

Mrs V A Burgess

B J Burgess

REGISTERED OFFICE:

23 Chantry Lane

Grimsby

N E Lincoilnshire

DN31 2LP

REGISTERED NUMBER:

00822458 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Business Advisors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

FIXED ASSETS

2,673

Tangible assets

4

1,224

306,081

Investments

5

287,263

350,000

Investment property

6

350,000

658,754

638,487

CURRENT ASSETS

14,000

Debtors

7

21,350

1,073

Cash at bank

2,642

15,073

23,992

CREDITORS

2,878

Amounts falling due within one year

8

4,103

12,195

NET CURRENT ASSETS

19,889

670,949

TOTAL ASSETS LESS CURRENT LIABILITIES

658,376

CAPITAL AND RESERVES

100

Called up share capital

100

136,546

Fair value reserve

9

153,123

534,303

Retained earnings

505,153

670,949

SHAREHOLDERS' FUNDS

658,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2026 and were signed on its behalf by:

T Burgess - Director

1.	STATUTORY INFORMATION

T.B.(PROPERTIES) LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

11,515

DEPRECIATION

At 1 January 2025

8,842

Charge for year

1,449

At 31 December 2025

10,291

NET BOOK VALUE

At 31 December 2025

1,224

At 31 December 2024

2,673

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

306,081

Additions

141,135

Disposals

(177,560

)

Revaluations

17,607

At 31 December 2025

287,263

NET BOOK VALUE

At 31 December 2025

287,263

At 31 December 2024

306,081

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2016

403,197

Valuation in 2017

25,241

Valuation in 2018

(57,400

)

Valuation in 2019

35,294

Valuation in 2020

(21,072

)

Valuation in 2021

11,128

Valuation in 2022

(46,172

)

Valuation in 2023

(9,848

)

Valuation in 2024

(34,287

)

Valuation in 2025

(18,818

)

287,263

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

350,000

NET BOOK VALUE

At 31 December 2025

350,000

At 31 December 2024

350,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

6,577

-

Other debtors

14,773

14,000

21,350

14,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

1,740

328

Other creditors

2,363

2,550

4,103

2,878

9.

RESERVES

Fair

value

reserve

£

At 1 January 2025

136,546

Revaluation of investments

16,577

At 31 December 2025

153,123